Director of Revenue

fourseasons
Las Vegas, Full Time
POSTED ON 1/18/2023 CLOSED ON 1/23/2023

What are the responsibilities and job description for the Director of Revenue position at fourseasons?

The Opportunity: The Director of Revenue Management (DORM) is responsible for translating business analytics into tactical strategy - providing focused expertise on pricing, positioning and inventory of hotel product including room, food / beverage banquets, spa, food / beverage outlets, and other ancillary revenue opportunities. This position is Department Head level, reports to the Director of Marketing and manages the Revenue Management Team for Four Seasons Hotel Las Vegas, one of the largest properties in the brand. Responsibilities Lead and manage all processes associated with demand, revenue, inventory, forecasting and opportunity analysis to maximize RevPAR. Responsible for market / comp set monitoring, analysis, and time sensitive action in a highly competitive and unique destination. Formulate transient and group inventory and pricing strategies for optimal business mix. Effectively manage inventory, pricing, rate parity, and property positioning in all distribution channels, including Branded Web, 3rd Party Sites, Central Reservation Office (CRO), and Global Distribution System (GDS). Leverage market segments, booking channels and demand drivers to achieve revenue targets. Monitor reservation pace to determine and adjust pricing and availability controls. Identify trends, future need periods and obstacles. Work with Sales & Marketing to action products and tools to successfully address and achieve goals. Oversee space revenue management, maximizing revenue opportunities for rooms, meeting space and catering. Support Daily Business Review and strategy with group and leisure sales teams. Present accurate and timely forecast, revenue and specialized reports to leadership and ownership on an ongoing basis, effectively identifying and communicating opportunities. Assist Sales & Marketing and Finance leadership in yearly budget and sales goal preparation. Liaise with corporate and ownership Revenue Management teams for best practices. Develops and maintains key stakeholder relationships. Preferred Qualifications and Skills  Four (4) years’ experiences working in hotel revenue management or similar business analytics and strategy role Highly preferred for candidate to have a minimum four (4) year university degree in accounting, Business Administration, or Hotel Management. Excellent oral, presentation written communication skills. Excellent organization and time management skills. Strong IT (Information Technology) foundation is required: Proficient in Excel, Opera, Salesforce, Microsoft Office, Windows. Knowledge of PowerBI, Ideas RMS and Hotelligence is an asset. Excellent analytical skills and ability to demonstrate key insights translated to fact-based decision-making. Benefits Four Seasons Hotel Employees Enjoy Energizing Employee Culture where you are encouraged to be your true self! Comprehensive learning and development programs to help you master your craft. Inclusive and diverse employee engagement events all year-round. Exclusive discount and travel programs with Four Seasons Competitive wages and complimentary medical, vision and dental insurance for qualifying employees* And so much more! Currently operating 119 hotels and resorts, and 44 residential properties in major city centers and resort destinations in 47 countries, and with more than 50 projects under planning or development, Four Seasons consistently ranks among the world's best hotels and most prestigious brands in reader polls, traveler reviews and industry awards. Our greatest asset, and the key to our success, is our people. We believe that each of us needs a sense of dignity, pride and satisfaction in what we do. Four Seasons Hotels and Resorts has been ranked in the Fortune '100 Best Companies to Work For’ every year since 1998…join our team and discover why. Benefits Competitive Salary & Wages Medical, Dental and Vision insurance 401(k) Retirement Plan Complimentary Parking Paid Time Off and Holiday Pay Excellent Training and Development opportunities Complimentary Accommodation at other Four Seasons Hotels and Resorts Complimentary Dry Cleaning for Employee Uniforms Complimentary Employee Meals … and so much more! Candidates must have valid work authorization for the U.S. Internal Four Seasons Management Employees outside of the US may qualify for an L1 Visa. This is an in market position. Please note that due to the large number of responses we receive, only candidates being considered for the above position will be contacted for an interview. Learn more about what it is like to work at Four Seasons, visit us: http://jobs.fourseasons.com https://www.linkedin.com/company/four-seasons-hotels-and-resorts https://www.facebook.com/FourSeasonsJobs Four Seasons is an Equal Opportunity, Affirmative Action employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply. To access the 'EEOC is The Law' Information poster please visit this website - https://eeoc.gov/sites/default/files/migrated_files/employers/poster_screen_reader_optimized.pdf Dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality, Four Seasons can offer what many hospitality professionals dream of -the opportunity to build a life-long career with global potential and a real sense of pride in work well done.
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